Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Indian Investment Trust Plc LSE:JII London Ordinary Share GB0003450359 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 559.00 560.00 563.00 557.00 557.00 557.00 70,050 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.4 -0.5 -0.5 - 587

Jpmorgan Indian Investment Share Discussion Threads

Showing 1976 to 1995 of 2175 messages
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I think so. It could even top it and cross £7.00.
690p again?..
Patience is the key here. If you look at the chart then there was a very healthy correction and now it is resuming its upward trend.
Why isnt this going up when Indian market has been going up strongly
Yes looks that way.
Revisit to 690p?...
If this hits £6.50 then it will have another go at £7.00.
and again today woody
been buying today woody
India will be the market for growth over the next 5-10 years. Investors need to have exposure to India.
India becomes the 5th Largest economy: "Once expected to overtake the UK GDP in 2020, the surpasso has been accelerated by the nearly 20 per cent decline in the value of the pound over the last 12 months, consequently UK's 2016 GDP of GBP 1.87 trillion converts to $2.29 trillion at exchange rate of GBP 0.81 per $1, whereas India's GDP of INR 153 trillion converts to $2.30 trillion at exchange rate of INR 66.6 per $1," the report said. Interestingly, economic think-tank Centre for Economics and Business Research (CEBR) had, in December 2011, forecasted that India would become the "fifth largest by 2020" but India has crossed this significant milestone much sooner. "Furthermore, this gap is expected to widen as India grows at 6 to 8 per cent p.a. compared to UK's growth of 1 to 2 per cent p.a. until 2020, and likely beyond. Even if the currencies fluctuate that modify these figures to rough equality, the verdict is clear that India's economy has surpassed that of the UK based on future growth prospects," the report said. Union Minister of State for Home Affairs Kiren Rijiju while celebrating India's landmark, said, "India overtakes UK & becomes 5th largest GDP after USA, China, Japan & Germany."
India’s growth offers new opportunities to investors by Simon Crinage: ndia remains, for investors, a potential growth opportunity, easily the fastest-growing of the major economies. A reforming government has achieved the long-sought goal of a uniform sales tax, turning this nation of 1.3 billion people into a truly single market. Strong growth: In a world where investment fashion is as fickle as any other sort, markets can fall in and out of favour with dizzying speed. Six months ago, India was the toast of investors, a safe haven in contrast to those other emerging economies such as Brazil and China that had encountered turbulence. Now, China has steadied while India’s growth remains sub-optimal, though perhaps only slightly so. But fashion is a poor guide to investment success. India remains one of the most attractive growth stories in a world starved of substantial economic expansion. The IMF’s view: In its most recent World Economic Outlook, the International Monetary Fund (IMF) said India grew by 7.6 per cent last year and will grow by the same amount this year and next. To put that in context, the IMF is forecasting for emerging markets and developing countries as a whole growth of just 4.2 per cent this year and 4.6 per cent next year. India remains a compelling growth opportunity. Furthermore, it has been so for some time, according to Rajendra Nair, manager of the JPMorgan Indian Investment Trust. The investment trust has been open for business since 1994, and he explains: “In that time the economy has gone through multiple shocks and crises and domestic economic and political cycles. The trust has compounded on a 9.64 per cent annualised basis, a better return than most asset classes.” Please note that past performance is not an indication of current and future performance. The value of investments and any income from them may go down as well as up and investors may not get back the full amount invested. Reforming government: India is halfway through the first term of a radical, reforming government under Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP). It proposed economic liberalisation and a tough stance on corruption. To many people, the jewel in the government’s crown is the passage of legislation introducing a Goods and Services Tax (GST), a value-added levy to be applied nationwide. This sweeps away a tangle of national and state taxes, some of which gave rise to double taxation, and promises to bring about a genuine common market across the sub-continent, unleashing a likelihood of great potential for future growth. The government has been praised also for its attempts to reform the country’s subsidy mechanisms and for its focus on public sector capital expenditure. Overcoming disappointments. But there have been disappointments. The growth rate is not as high as some would have liked and would have expected. The investment cycle has not picked up because private sector utilisation of capacity is still low. On some estimates, India is 12 to 18 months away from a sustained revival in private sector capital expenditure. In part this is because the global environment has been weak. This can be seen in the Indian steel industry, where extra capacity is not currently being planned. The government has had to step into the gap with public sector capital expenditure, for example in the railways. Earlier this year, the IMF suggested this sort of public expenditure could attract private investment. The IMF also praised “recent improvements in the quality and efficiency of public expenditure”. Furthermore, as we saw earlier, even sub-par Indian economic growth is still highly attractive in a world in which the IMF is forecasting just 3.1 per cent and 3.4 per cent average global expansion for this year and next. Tapping into opportunities: India is likely to be a good opportunity for investors to share in the growth of what is, on some measures, an inspiring success story. No-one knows where India’s economic journey will go next, but those familiar with this complex and fascinating country will be best-placed to benefit.
Hi, can anyone point me towards new ticker for Indian ticker please.Thanks
This is heading towards the magical £7.00 which is very impressive. What growth and what performance! Of course STERLING weakening has a serious impact on this excellent performance.
Excellent article. Thanks. Could not agree more with it. For those who invest in India, the returns over the next 5 years, 10 years and 20 years are going to be mindboggling. Some serious wealth creation can be achieved over these time frames.
Here's Why You Should Get Excited About Investing in India's Economy - by Kim Iskyan (founder of Truewealth Publishing, an independent investment research company based in Singapore.) China is Asia's 800-pound gorilla. But another Asian giant is home to the world's fastest-growing large economy: India. And as India's economy grows, it will be getting more attention, especially when it comes to the tech revolution currently underway there. As a reminder: India has the world's second-largest population and and now has the world's seventh-biggest economy. Its economy was about the same size as Brazil's in 2015 (and has now surpassed it), and is larger than Russia's. Overall, India is still very poor, though. Even though it has a $2 trillion economy, it ranked 145th in the world last year based on per capita GDP. But extreme poverty in India has dropped sharply. According to consultants McKinsey & Company, in 1994, 45% of India's people lived in extreme poverty. By 2012, that number had dropped to 22%, or 270 million people. India's Forecast Economic Growth: Over the next five years, it's projected that India's economy will grow faster than any other large economy. This rapid growth should slowly help to take care of India's high levels of poverty. To help give some context to India's economic growth and size, McKinsey also compared the GDP of certain countries in 2014 with the projected size of India's largest cities' economies in 2030. Based on current estimates, by 2030 the third-largest city in India, Delhi, will have an economy the size of the Philippines' economy in 2014. By 2030, Mumbai's economy will equal the size of Malaysia's economy of two years ago. And the western Indian city of Ahmedabad will have an economy as large as Vietnam's was in 2014. Explosive Growth Coming for India's Technology Sector: Technology is set to lead India's economic growth story. There are already more than 1 billion cell phone users in India. With 462 million users, it also has the world's second-largest online population (after China). These huge numbers of mobile and internet users are laying the foundation for explosive growth in mobile internet, digital payments, cloud computing and the internet of things, among other technologies. When it comes to India and China, it can be hard to wrap your head around the numbers because they're so big. For instance, 10 billion appliances, mobile phones and tablets connected over the internet -- in a single country -- is a hard number to grasp. But it's very big. If these technologies are adopted as predicted, they will have a major impact on India's economy. According to McKinsey, they could add $500 billion to $1 trillion to the economy each year by 2025. That would equal 20% to 30% of India's incremental economic growth from 2012 to 2025. India still has to overcome some enormous challenges before joining the world's economic big leagues. So, even though it has great long-term growth prospects, it will be a bumpy road and may not be the best investment for everyone's portfolio right now. But when it comes to investing, if you get the big picture right, it helps a lot. And the long-term outlook for India is very bright right now.
This really needs to consolidate at around the £6.50 before any big move can materialise.
Yes ..doing very nicely
Here comes £6.50p and just look at my post from 28.07.16. I was bang on the money with what I thought would happen. Once £6.50p is hit it will consolidate at around the £6.40p level before making a move for £6.75p which is going to be tough as their may well be a sell off with profit takers as huge profits on this one.
India shines amongst emerging economies by Simon Crinage: It has been a torrid two years for emerging market investment as falling commodity prices and the prospect of higher interest rates in the US have helped cause an ebbing of the flood tide of money that once poured into what were seen as tomorrow’s giants. The lustre of China, Russia and Brazil has been dulled by global uncertainties and geo-political tensions. We believe one exception stands out – India. As a commodity importer, it benefits from lower prices for natural resources and the programme of economic reforms is attracting favourable attention round the world. According to the World Bank, growth this year will be more than double the average for emerging market and developing economies. Emerging-market difficulties: Perhaps it is a sign of how far the emerging market star has fallen that the International Monetary Fund (IMF) devoted an entire chapter to the difficulties of the emerging economies in its World Economic Outlook in April. Noted the IMF: “A number of large emerging markets – including Brazil and Russia – are still mired in deep recessions. Others, including several oil-exporting countries, also face a difficult macroeconomic environment with sharply weaker terms of trade and tighter external financial conditions.” It added: “The rebalancing process in China may be less smooth than assumed”, whilst at the same time it has cut its growth forecast for South Africa for this year and next. Brazil, Russia, China and South Africa are four of the so-called BRICS countries, the fast-growing quintet that once seemed irresistible to western investors. The ‘I’ stands for India, one country that appears to be bucking the trend and becoming something of a standard bearer for those emerging and developing markets that are showing themselves resilient in the face of current challenges. Drivers of growth: The World Bank identified India, as an emerging market that was benefitting from “low energy prices and modest but ongoing growth in advanced economies”. It added: “Thus far in 2016, economic activity – led by India – has remained robust, supported mainly by domestic demand… Domestic demand will continue to be the main driver of growth.” This is likely to be welcomed by those who have argued that a major engine of the country’s expansion going forward will be satisfying the needs of India’s burgeoning middle class. In its World Economic Outlook in April, the IMF wrote of India: “Growth will continue to be driven by private consumption, which has benefited from lower energy prices and higher real incomes. With the revival of sentiment and pick-up in industrial activity, a recovery of private investment is expected to further strengthen growth.”Meeting the aspirations of this growing middle class is a key aspect of the economic policy of Prime Minister Narendra Modi and his colleagues. The manifesto on which his BJP party was elected in 2014 included a pledge to nurture middle class “talent and purchasing power”, acknowledging that: “Having moved out of poverty, their [middle class people’s] aspirations have increased. They want amenities and services of a certain standard.” A growing appetite for consumer goods, linked to the Modi government’s commitment on infrastructure spending and economic reform, has focused the attractions of investment in India in a range of sectors, including food, fashion and civil engineering. Reforms, both proposed and enacted, are wide-ranging from administrative changes to streamline the process of starting a business to new bankruptcy laws, that create for the first time a national insolvency regime that should speed up the process of corporate restructuring. 30 key reforms: Restrictions on foreign ownership in a range of industries, including construction projects, coal mining and retail e-commerce, are being removed. The Center for Strategic & International Studies (CSIS), the Washington-based think-tank, has listed 30 key reforms in Mr Modi’s in-tray when he took office. Seven have been completed, 12 are “in progress” and ten are incomplete. Of this last category, the CSIS expects real difficulties with only six of them, ranging from attempts to introduce a nationwide sales tax to moves to allow foreign lawyers to practise in India. As India starts to explore the full potential of a growing, young and well-educated workforce coupled with the sheer size of a nation of 1.3 billion people, the attraction for investors of this most resilient of emerging markets will move more sharply into focus. India has a very distinct investment landscape. No investor would consider diving head-first into the eurozone, yet India’s population is 3.5 times that of the single-currency bloc. Experience and local knowledge are key to identifying the opportunities in this fascinating and potentially rewarding market. A Key standout: India has been the key standout among emerging markets, the “last BRICS standing” as others have encountered serious headwinds. A rising middle class, keen for consumer goods, allied to a reform-minded government and increased infrastructure spending provide investment opportunities that are best identified by those with long-standing expertise in this market.
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